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Non-Cattle Specific Topics
Every Thing Else Board
Reverse mortgage
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<blockquote data-quote="cowboy43" data-source="post: 1266432" data-attributes="member: 10124"><p>How does a reserve mortgage work. I know one elderly man who said he had outlived his contract and was having trouble paying his bills, yesterday a man told me his friend had a reverse mortgage and his home was being sold for foreclosure, </p><p> After hearing these two stories it got me to wondering how a reverse mortgage worked. Has anyone ever dealt with a reverse mortgage?</p></blockquote><p></p>
[QUOTE="cowboy43, post: 1266432, member: 10124"] How does a reserve mortgage work. I know one elderly man who said he had outlived his contract and was having trouble paying his bills, yesterday a man told me his friend had a reverse mortgage and his home was being sold for foreclosure, After hearing these two stories it got me to wondering how a reverse mortgage worked. Has anyone ever dealt with a reverse mortgage? [/QUOTE]
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Reverse mortgage
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